Christmas Loan Programs Guidelines & Terms
Union Advantage No-Credit Christmas Loan
- $30.00 Application Fee
- Members must meet following criteria:
- Member in Good Standing for at least 12 months
- Regular Payroll Deposits for at least 6 prior months (must be enough to cover note).
- Loan amounts not to exceed $1,000.00
- Repayment Terms to be set no more than 10 Months
- Interest Rate to be set at 15.00%
Union Pride No-Credit Christmas Loan Program
- $30.00 Application Fee
- Members must meet following criteria:
- Member in Good Standing for at least 5 Years
- Regular Payroll Deposits for at least 24 prior months (must be enough to cover note).
- Loan amounts not to exceed $2,500.00
- Repayment Terms to be set no more than 10 Months
- Interest Rate to be set at 12.00%